Budget 2020

What does ‘turnover’ in the stock market indicate?

1. Market turnover indicates how much trading activity took place on a given business day in the market as a whole or individual stock. 2. Turnover can be represented in two ways, traded value in rupees and traded volume in number of trades. 3. Higher turnover in a stock indicates better liquidity which means that […]

Budget 2020

Record valuations raise alarm in India’s frenzied stock market

Analysts are cautioning against the blistering rally in India’s stock market as the country braces for its biggest annual economic contraction on record. Overly optimistic earnings estimates and a reduction in liquidity pose the biggest threats to the scorching pace of gains, strategists from Nomura Holdings Inc. to Union Asset Management Co. warned. The S&P […]

News Headlines

Global investors keen on opportunities in India, say industry executives

New Delhi: Global investors are keen on investing in startups in India, with over USD 2 trillion worth of liquidity being available for entrepreneurs as they tap into opportunities across sectors like health-tech, ed-tech and social commerce, according to industry executives. Speaking at the 25th Wharton India Economic Forum, Sandeep Naik – Managing Director and […]

News Headlines

Budget 2021: NBFCs seek TDS exemption on interest income

Taxes deducted at source don’t just bite pensioners living on interest income. They hurt big non-bank lenders, too. About a dozen non-banking finance companies (NBFC) have approached the finance ministry seeking an exemption from Tax Deducted Source (TDS) on their interest income. The facility is available to high-street banks. “Exemption from TDS and Thin Capital […]

Budget 2020

RBI to resume normal liquidity management operations in phased manner

The RBI on Friday said it has decided to restore normal liquidity management operations in a phased manner and will conduct variable rate reverse repo auction of Rs 2 lakh crore on January 15. In February last year, RBI had announced a revised Liquidity Management Framework (LMF) that was simplified and “clearly communicated” the objectives […]

Budget 2020

What is financial liquidity? Here are 5 things you should know

1. Financial liquidity is the simplicity with which any asset can be converted into ready cash either to spend or to invest. 2. The lower the time taken to convert the asset to cash the more liquid the asset, like bank fixed deposits, listed equities and open-ended mutual funds. 3. The lower the cost incurred […]

Budget 2020

Traders see cash tightening in India to drive bond playbook

By Subhadip Sircar India’s sovereign bond investors are converging on a trade idea for 2021. They’re betting that short-term yields would rebound as the central bank soaks up excess cash on signs of an economic recovery. RBL Bank Ltd. and Quantum Asset Management Ltd. are among those forecasting that liquidity tightening by the Reserve Bank […]

News Headlines

Kunal Bothra’s trading ideas for this week

Nifty and Bank Nifty could see some consolidation and other sectors like IT and pharma could see some action in the week ahead , says the independent market expert. Excerpts from an interview: Just looking at the data for the week gone by we see the index has put on about 2% while top sectoral […]